[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 210 KB, 955x939, Screenshot_20220910-133852.jpg [View same] [iqdb] [saucenao] [google]
51363633 No.51363633 [Reply] [Original]

we all know miners need to dump their coins to pay for hardware and electricity.

what happens if eth miners don't need to sell anymore? eth becomes deflationary, dumping it would be retarded. Bitcoin inflates for the next hundred years while eth becomes scarce. People will hold unto their eth to mint more coins.

the flip will happen, eth will decorrelate from btc and dictate the price of all cryptocurrencies.

>> No.51363650

>>51363633
Holders forget that they are paying for the mining
Its a top signal but the flippening is really happening or at least it will be close

>> No.51363672

>>51363650
>Holders forget that they are paying for the mining
This is correct and it's not going to change, not even sharding will lower the fees tremendously. The fees on eth will always be high due to deflation. Vitalik wants us to use other layers for shitcoinerism. My point is that it's becoming more rare then btc.

>> No.51363711

>>51363633
eth heads literally think btc will inflate for the next hundred years. the state of the people on this board. did you just learn about crypto last week and this is the first place you came??

>> No.51363740

>>51363672
Nah my point was different
Holders dont pay fees
My point was holders paying for the mining since they dump the blockrewards
Now that the blockrewards are triple halfed holders dont need to pay these huge amounts

>> No.51363815

>>51363633
Miners will mine another protocol whose value will increase with it's growing hardware footprint. Eth will have to cross it's fingers and hope it's still worth something when all the hardware is gone and it's solana tier centralization shitshow is off to the races. Eth pedos will just have to trust that infura's servers never go down

>> No.51364674

these bitches are HOT

>> No.51364960

>>51363815
This. The massive gpu backing is all eth really has going for it. Once that is gone what makes it different from Solana, Dot or Matic? Flippening will happen indeed, one of these shit L1's will flip ETH lmao